Regal Entertainment Group (RGC) Stockholder Anschutz to Sell 13M Class A Common Shares
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Regal Entertainment Group Announces Sale of Class A Common Stock By The Anschutz Corporation
November 17, 2016 5:35 PM ESTKNOXVILLE, Tenn.--(BUSINESS WIRE)-- Regal Entertainment Group (NYSE: RGC), (the Company), a leading motion picture exhibitor, today announced that The Anschutz Corporation and certain of its affiliates (the Selling Stockholders) intend to offer for sale in an underwritten secondary offering 13,000,000 shares of the Companys Class A common stock pursuant to the Companys shelf registration statement filed with the Securities and Exchange Commission (the SEC). Following the offering, the Selling Stockholders will own 24,000,000 shares of our issued and outstanding Class A Common Stock, representing approximately 18.0% of our Class A common stock issued and outstanding as of... More
